Can Cheniere Energy, Inc.’s Tomorrow Be Different? Option Trader Are Very Bullish

November 30, 2016November 30, 2016Adrian Mccoy

In today’s session Cheniere Energy, Inc. (LNG) registered an unusually high (129) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious LNG increase. With 129 contracts traded and 33654 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: LNG170120C00045000 closed last at: $0.62 or 8.8% down. About 789,282 shares traded hands. Cheniere Energy, Inc. (NYSEMKT:LNG) has declined 0.36% since April 27, 2016 and is downtrending. It has underperformed by 5.58% the S&P500.

Cheniere Energy, Inc. (NYSEMKT:LNG) Ratings Coverage

Out of 8 analysts covering Cheniere Energy Inc (NYSEMKT:LNG), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. $86 is the highest target while $38 is the lowest. The $59 average target is 43.41% above today’s ($41.14) stock price. Cheniere Energy Inc has been the topic of 12 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was initiated by Credit Suisse on Wednesday, August 5 with “Outperform”. The company was maintained on Monday, October 12 by Barclays Capital. Citigroup upgraded Cheniere Energy, Inc. (NYSEMKT:LNG) rating on Wednesday, January 13. Citigroup has “Buy” rating and $47 price target. Global Hunter Securities initiated Cheniere Energy, Inc. (NYSEMKT:LNG) on Thursday, July 23 with “Accumulate” rating. The stock of Cheniere Energy, Inc. (NYSEMKT:LNG) has “Buy” rating given on Tuesday, February 23 by Goldman Sachs. The firm has “Sector Outperform” rating given on Tuesday, June 14 by Howard Weil. The firm has “Overweight” rating given on Tuesday, September 6 by Barclays Capital. Bernstein initiated Cheniere Energy, Inc. (NYSEMKT:LNG) rating on Wednesday, May 11. Bernstein has “Market Perform” rating and $38 price target.

According to Zacks Investment Research, “Cheniere Energy, Inc. is a Houston-based energy company primarily engaged in liquefied natural gas related businesses. The company owns and operates the Sabine Pass liquefied natural gas terminal in Louisiana through its 57.9% ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Ticker: CQP), which is a publicly traded partnership that the company created in 2007. The Sabine Pass LNG terminal is located on the Sabine Pass deep water shipping channel less than four miles from the Gulf Coast.”

Insitutional Activity: The institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.14, from 0.89 in 2016Q1. The ratio improved, as 40 funds sold all Cheniere Energy, Inc. shares owned while 110 reduced positions. 40 funds bought stakes while 93 increased positions. They now own 206.38 million shares or 6.90% less from 221.68 million shares in 2016Q1.
The Australia-based Commonwealth Financial Bank Of Aus has invested 0% in Cheniere Energy, Inc. (NYSEMKT:LNG). Highvista Strategies Limited Liability Co has invested 2.14% of its portfolio in Cheniere Energy, Inc. (NYSEMKT:LNG). Guardian Management last reported 0.47% of its portfolio in the stock. Tci Wealth Inc holds 341 shares or 0.01% of its portfolio. Hudock Cap Gru Limited accumulated 319 shares or 0.01% of the stock. Huntington National Bank, a Ohio-based fund reported 164 shares. Goldman Sachs accumulated 0.06% or 4.92M shares. Legacy Capital reported 7,850 shares or 0.18% of all its holdings. Wolverine Asset reported 800 shares or 0% of all its holdings. National Bank Of Montreal Can holds 88,633 shares or 0% of its portfolio. Tph Asset Management Limited Liability Company last reported 0.34% of its portfolio in the stock. Jfs Wealth Advisors Limited Liability Company has 0.01% invested in the company for 500 shares. Moreover, Bancorporation Of New York Mellon Corp has 0.04% invested in Cheniere Energy, Inc. (NYSEMKT:LNG) for 3.83M shares. Massmutual Fsb Adv reported 151 shares or 0% of all its holdings. Nordea Invest Mngmt Ab holds 0% or 5,024 shares in its portfolio.

Cheniere Energy, Inc. is an energy company primarily engaged in liquefied natural gas related businesses. The company has a market cap of $9.45 billion. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. It currently has negative earnings. The Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

LNG Company Profile

Cheniere Energy, Inc., incorporated on March 25, 1983, is an energy firm primarily engaged in liquefied natural gas (LNG) related businesses. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. The Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

More recent Cheniere Energy, Inc. (NYSEMKT:LNG) news were published by: Prnewswire.com which released: “Cheniere Energy, Inc. Reports Third Quarter 2016 Results” on November 03, 2016. Also Seekingalpha.com published the news titled: “Cheniere Energy: Expect Strong Long-Term Gains” on November 26, 2016. Nasdaq.com‘s news article titled: “Cheniere Energy Inc (LNG) President and CEO Jack A Fusco Bought $575764 of Shares” with publication date: November 15, 2016 was also an interesting one.